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A: Patent is a license which is given by the government, granting a right to someone for a period of ti...
Q: ) GDP is a better indicator of economic growth and welfare than GNP because a) indicates income fro...
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
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A: The country in international trade will always be better off because it increases the net social w...
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A: In economics, lag effect can be seen while governement decides to implement economic policies to. De...
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A: The Lorenz curve is frequently accompanied with a straight diagonal line with a slope of 1, which in...
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A: The price level is the average of current prices across all goods and services in an economy. The pr...
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A: Given:- Two products produce i.e ketchup and tomatoes 70% tomatoes used to make ketchup using base y...
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A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit thequestion and sp...
Q: Why does high compensation (wages) with little or no output from the worker is bad for the economy? ...
A: Wage: The term wage refers to the remuneration that is paid to workers against their work. In most c...
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A: Gross Domestic Product (GDP): Gross domestic product (GDP) is the total monetary or market value of ...
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A: Consumer behavior is not static, consumers form their expectation according to RE, consumers use all...
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A: According to classical economists.
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A: Answer:- (a) Defined contribution plan.
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A: Answer:- (D) An increase in the interest rate.
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A: Mutual funds raise money by selling shares to investors. It pools the savings of different investors...
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A: Given, P = Principal Amount = $2000 r = Interest Rate = 12% = 0.12 t = Time = 5 years Compounded Per...
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Q: 2
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A: Gross domestic product is the total market value of of goods that is produced domestically during t...
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A: The price elasticity of demand measures how a change in the price of a product affects the demand fo...
Q: 7. Good X is produced in a competitive market using input A. Explain what would happen to the supply...
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the questio...
Q: 10,000
A:
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A: "Correct option f-higher employment."
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A: Price discrimination refers to the practice of charging different prices from different consumers fo...
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A: Equilibrium without tax in the market occurs at the intersection of demand and supply.
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A: consumers pay a larger proportion of tax Option 2nd is correct. Consumers will bear more of the tax ...
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A:
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A: The answer is - 3.5%
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A: Solution:- ▪︎Yvette is confronted with two scenarios: • She buys the Double Stack Burger ...
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A: When the tax is imposed on the good, the quantity produced is less than the efficient quantity so it...
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- Explain how long term and short term disability insurance differs?What type of insurance plan does this insured hold ? O. Health Maintenance Organization O. Preferred Provider Organization O. Physician Hospital Organization O. Exclusive Provider OrganizationHow can insurance companies offer a guarantee to pay for certain medical expenses? How do they determine the appropriate premium to charge?